SHA Wellness is bringing its third global development to the United Arab Emirates, marking its first entry into the Middle East. SHA Emirates Residences, a project in collaboration with IMKAN Properties, will be located on the exclusive island of Al Jurf, nestled between Abu Dhabi and Dubai. Read this also : Bloom Holding Sells Out Sixth Phase of Bloom Living, Olvera The vision behind the project is...

Bloom Holding, a leading real estate development company in the United Arab Emirates, announced the complete sellout of Olvera, the latest phase of the Bloom Living community. The rapid sales reflect strong interest from both buyers and investors in the townhouses offered in this sixth phase of the development. Read this also : Jumeirah Unveils New Brand Identity Amid Major...

In a display of community support, real estate developers in Dubai have stepped up to assist residents affected by last week’s severe rainstorm. The heavy rainfall led to extensive flooding, damage to cars, and property destruction across the city. Developers have committed to covering the cost of repairs for impacted residents, easing the burden on those dealing with the aftermath of the...

In the first quarter of 2024, the demand for ready properties surged in the United Arab Emirates, driven by an increasing number of tenants opting for ownership over rising rentals. Unlike the first quarter of 2023, which witnessed a surge in off-plan transactions, the first quarter of 2024 saw robust demand for existing projects in both Dubai and Abu Dhabi, according to data released by Property...

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Deyaar Development PJSC, a prominent real estate developer and service provider, has unveiled exceptional financial results with a staggering 206% increase in its yearly net profit, soaring to Dh440.7 million. This significant growth reflects the company's strategic initiatives and successful endeavors in the real estate sector. Read this also : Revolutionizing Dubai’s Rural Landscape: HH Sheikh...

In 2024, a significant shift is expected in the UAE real estate landscape as more property buyers, especially end users, are projected to opt for mortgages. The catalyst behind this trend is the anticipated drop in interest rates, estimated to decrease by up to 100 basis points. Real estate experts emphasize the substantial influence of mortgage rate fluctuations on the decision-making process of...

Binghatti Developers, a prominent real estate and property development company based in Dubai, has achieved a remarkable feat by completing the Binghatti Heights project ahead of schedule. This project, nestled in Jumeirah Village Circle (JVC), comprises 365 residential units and reflects the company's commitment to excellence in the dynamic Dubai real estate market. Read this : Qatar’s Real Estate...

In November 2023, the Sharjah Real Estate Registration Department's monthly report revealed a robust real estate market, with transactions totaling AED 2.6 billion. The trading activity included a significant exchange of 10.6 million square feet, comprising 4,079 transactions. The report underscores Sharjah's appeal as a prime destination for both local and international...

The Beijing-based China State Construction Engineering Corporation has been given the estimated AED4.4 billion ($1.2 billion) contract by local developer Wasl to construct the Dubai project The Island. Properties for Sale in Dubai : Click Here An important milestone for Dubai is the contract award. As per the regional projects tracker MEED Projects, this is the biggest construction deal in the...